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MPC REVIEW MEETING: What could be key RBI Monetary Policy announcements on Friday; Here is a sneak peak in Zee Business Poll


Reserve Bank of India (RBI) Governor Shaktikanta Das will be announcing the Central Bank’s bimonthly policy rates on Friday after the conclusion of the Monetary Policy Committee (MPC) review meeting. What will be the stance taken by the committee? Will there be further rate cuts? What other key announcements are expected. Zee Business’ Devanshi Asher tells Managing Editor Anil Singhvi what to expect tomorrow.  
Asher said that there could be a status quo on key policy rates this time too. She said that the Central Bank could continue its accommodative stance like it has been doing over the past six Monetary Policy announcements. She said that the experts on these matters have indicated that the focus on maintaining liquidity would also likely continue, this time around too.  ....

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Zee Biz EXCLUSIVE: Petrol, Diesel prices to go up! Petroleum Ministry sends note to Finance Ministry telling THIS


A not so happy news for consumers on the petrol and diesel prices front. The prices of petrol are expected to go up further by Rs 2-3 soon while that of diesel to Rs 1-2. While this will certainly have an impact on the pockets of the common man, oil marketing companies like Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) are expected to gain. Zee Business’ Chetan Bhutani brings this exclusive report. 
Citing his top government sources, Bhutani said that the prices of petrol and diesel could increase further in the immediate term. While this could hit consumers, all the three OMCs will likely benefit from it, he said.  ....

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